AS-IP Tech Inc
AS-IP Tech, Inc. develops technologies for the business aviation and commercial airline industry. The company offers BizjetMobile and CrewX technologies are designed for business jets that deliver in-flight connectivity. The company markets fflya system designed for low-cost airlines. It operates in Asia, North America, Europe and the Middle East. The company was formerly known as ASI Entertainme… Read more
AS-IP Tech Inc (IPTK) - Total Assets
Latest total assets as of March 2023: $29.16K USD
Based on the latest financial reports, AS-IP Tech Inc (IPTK) holds total assets worth $29.16K USD as of March 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
AS-IP Tech Inc - Total Assets Trend (1999–2022)
This chart illustrates how AS-IP Tech Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
AS-IP Tech Inc - Asset Composition Analysis
Current Asset Composition (June 2022)
AS-IP Tech Inc's total assets of $29.16K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 81.2% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1999–2022)
This chart illustrates how AS-IP Tech Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: AS-IP Tech Inc's current assets represent 100.0% of total assets in 2022, an increase from 0.1% in 1999.
- Cash Position: Cash and equivalents constituted 81.2% of total assets in 2022, up from 0.1% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1999.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
AS-IP Tech Inc Competitors by Total Assets
Key competitors of AS-IP Tech Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
AS-IP Tech Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - AS-IP Tech Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - AS-IP Tech Inc is currently not profitable relative to its asset base.
AS-IP Tech Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 0.27 | 0.20 |
| Quick Ratio | 0.01 | 0.27 | 0.20 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.69 Million | $ -606.06K | $ -1.01 Million |
AS-IP Tech Inc - Advanced Valuation Insights
This section examines the relationship between AS-IP Tech Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -15.5% |
| Total Assets | $133.10K |
| Market Capitalization | $21.94K USD |
Valuation Analysis
Below Book Valuation: The market values AS-IP Tech Inc's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: AS-IP Tech Inc's assets decreased by 15.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for AS-IP Tech Inc (1999–2022)
The table below shows the annual total assets of AS-IP Tech Inc from 1999 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-06-30 | $133.10K | -15.55% |
| 2021-06-30 | $157.60K | +134.85% |
| 2020-06-30 | $67.11K | -50.88% |
| 2019-06-30 | $136.63K | 0.00% |
| 2018-06-30 | $136.63K | -67.48% |
| 2017-06-30 | $420.19K | -8.57% |
| 2016-06-30 | $459.59K | +3264.47% |
| 2015-06-30 | $13.66K | -51.86% |
| 2014-06-30 | $28.38K | -34.91% |
| 2013-06-30 | $43.59K | +735.90% |
| 2012-06-30 | $5.21K | +3200.63% |
| 2011-06-30 | $158.00 | -97.13% |
| 2010-06-30 | $5.51K | -95.90% |
| 2009-06-30 | $134.48K | -32.98% |
| 2008-06-30 | $200.64K | +147.75% |
| 2007-06-30 | $80.98K | -87.21% |
| 2006-06-30 | $632.95K | -18.29% |
| 2005-06-30 | $774.65K | +4.61% |
| 2004-06-30 | $740.52K | -25.02% |
| 2003-06-30 | $987.65K | -1.92% |
| 2002-06-30 | $1.01 Million | -13.58% |
| 2001-06-30 | $1.17 Million | -7.05% |
| 2000-06-30 | $1.25 Million | -11.64% |
| 1999-06-30 | $1.42 Million | -- |